Theresa May's 'just managing' families set to be worse off
Study shows many of UK's poorest families will see significant drop in income in post-Brexit economy Low-earning families that Theresa May has promised to help will be thousands of pounds a year worse off by 2020 because of rising inflation, lower wage growth and Tory social security cuts, according to ...
Toby Helm and Phillip Inman / Guardian | Sat, 29 Oct 2016 21:42:05
A continental partnership offers a Brexit solution
Co-operation and mutual understanding will lead to a better outcome for all
FT | Sat, 29 Oct 2016 17:04:32
Tax breaks and talent fuel UK's creative industry boom
TV and film production, led by shows such as Netflix's The Crown, is surging ahead despite Brexit fears Netflix is rolling out the red carpet in Leicester Square, London, on Tuesday for its first original UK production, a £100m drama about the life of Queen Elizabeth II. The first two ...
Mark Sweney / Guardian | Sat, 29 Oct 2016 15:00:23
Nissan throws UK car industry a lifeline but GM could hit the road
Technical advances and new plants are helping the revival in Britain but risks abound in leaving the EU A collection of MPs and leading figures from British industry gathered at a business park in Coventry last Thursday to discuss the future of manufacturing and the government's industrial strategy. Little did ...
Graham Ruddick / Guardian | Sat, 29 Oct 2016 14:59:23
Blair can't save Britain from Brexit
CNN | Sat, 29 Oct 2016 14:20:39
MiFID II: New Compliance Tech Needed for Financial Firms In The EU And US. Even Post Brexit.
Global financial services firms need to design and implement processes to meet new regulatory (MiFID II) requirements.
Joanna Belbey, Contributor / Forbes | Sat, 29 Oct 2016 13:24:00
DUP's Foster sees Brexit 'opportunities'
First Minister Arlene Foster tells the DUP conference that Brexit is the UK's biggest economic opportunity for decades.
BBC | Sat, 29 Oct 2016 12:24:22
Brexit Will Liberate Brits, Says Top U.K. Investor
Martin Hughes of Toscafund thinks leaving Europe behind will benefit the U.K. and its small businesses.
Barrons | Sat, 29 Oct 2016 05:42:58
Morrisons puts Marmite price up 12.5%
Supermarket charges £2.64, up from £2.35, for 250g jar as supplier Unilever blames fall in pound for rising prices It was dubbed Marmageddon: a very public spat between two of the giants of the grocery business - Tesco and Unilever - that saw the supermarket giant refuse to accept price ...
Sarah Butler and Julia Kollewe / Guardian | Fri, 28 Oct 2016 19:00:11
Q&A: why Brexit is so important to Nissan (and Britain)
How will a hard Brexit dent Nissan? What can be done to smoothe the journey? Find out here ... The Japanese carmaker's British arm, Nissan Motor Manufacturing (UK), sold 481,000 cars in the year to the end of March 2015, racking up sales of nearly £5.3bn. About 55% of those ...
Rob Davies / Guardian | Fri, 28 Oct 2016 18:53:28
UPDATE 1-S&P keeps negative outlook on UK sovereign rating after Brexit vote
* Material risk of poor outcome to EU exit talks (Adds detail from S&P statement, context)
Reuters | Fri, 28 Oct 2016 17:40:30
Brexit poses threat to pound's status
Rating agency warns further sharp declines will undermine the pound's position as a reserve currency
FT | Fri, 28 Oct 2016 17:40:12
The 'only adult in the room': Mark Carney prepares his own Brexit after referendum debacle
The U.K. no longer looks like the harmonious nation Mark Carney migrated to from Canada. If he goes prematurely, the U.K. government will have only itself to blame
Mark Gilbert, Bloomberg News / Financial Post | Fri, 28 Oct 2016 17:23:05
Uber loses landmark employment tribunal case - as it happened
All the day's economic and financial news, as Uber drivers win case S&P keeps UK rating at AA, outlook negative on Brexit concerns Uber drivers win tribunal Landmark ruling could lead to other cases against gig economy TUC: Government must protect workers Earlier: US GDP beats forecasts Spanish and French ...
until 2.30pm / Guardian | Fri, 28 Oct 2016 17:12:09
Nick Clegg to shadow both Brexit cabinet ministers
The former Lib Dem leader is to shadow both cabinet ministers dealing with Brexit, as the party reshuffles its frontbench team.
BBC | Fri, 28 Oct 2016 16:55:13
S&P keeps negative outlook on U.K. sovereign rating
'Brexit presents a significant risk to the UK's track record of strong economic performance, and to its large financial sector in particular,' the ratings agency said
Globe and Mail | Fri, 28 Oct 2016 16:36:37
S&P affirms UK rating at AA/A-1+; outlook remains negative on "Brexit uncertainties"
Ratings agency S&P affirmed the United Kingdom rating at but the outlook remains negative because of Brexit uncertainties. Also, S&P states...
Felipe Erazo / FX Street | Fri, 28 Oct 2016 16:17:48
BRIEF-S&P affirms ratings on the United Kingdom at 'AA/A-1+', maintains negative outlook on Brexit uncertainties
* Ratings on the United Kingdom affirmed at 'AA/A-1+'; outlook remains negative on Brexit uncertainties
Reuters | Fri, 28 Oct 2016 16:17:26
Ah, There's Some Inflation: "Brexit hits Apple Mac customers hard as prices rise by up to £500"
From the Guardian: New laptops significantly more expensive and already-existing machines have prices raised by hundreds of pounds as Apple adjusts for new US dollar-pound sterling rate If you're a Mac user, everything just got a lot more expensive. Apple used the cover of introducing three new MacBook Pros at ...
Climateer Investing | Fri, 28 Oct 2016 16:12:00
Video computer game's guide to Brexit
Ever since Britain there's been plenty of sniping from the sidelines that the UK government hadn't sufficiently prepared for what lies ahead.
CNN | Fri, 28 Oct 2016 15:44:45
Blair: UK may need a second vote on Brexit
CNN | Fri, 28 Oct 2016 14:53:10
The 'only adult in the room': Mark Carney prepares his own Brexit after referendum debacle
The U.K. no longer looks like the harmonious nation Mark Carney migrated to from Canada. If he goes prematurely, the U.K. government will have only itself to blame
Mark Gilbert, Bloomberg News / Financial Post | Fri, 28 Oct 2016 13:59:10
Number of insolvencies jumps by a fifth in England and Wales
Rising cost of living following Brexit vote likely to push more individuals into difficulty, experts warn The number of people becoming insolvent across England and Wales leapt by a fifth in the third quarter of 2016, with experts warning that the numbers could continue to increase as the cost of ...
Staff and agencies / Guardian | Fri, 28 Oct 2016 13:35:09
Northern Ireland Court Ruling Deals Blow to Opponents of Brexit
Brexit can happen without the approval of Northern Ireland lawmakers, a Belfast court ruled on Friday, dealing a blow to opponents of the U.K.'s plans for leaving the EU.
WSJ | Fri, 28 Oct 2016 13:33:18
Morrisons puts Marmite price up 12.5%
Supermarket charges £2.64, up from £2.35, for 250g pot as supplier Unilever blames fall in pound for rising prices Morrisons has hiked the price of Marmite by 12.5%, becoming the first supermarket to lift prices since the public spat between the supplier Unilever and Tesco a fortnight ago. Morrisons now ...
Julia Kollewe / Guardian | Fri, 28 Oct 2016 13:29:40
UPDATE 1-UK gilt yields touch new post-Brexit vote highs
Ten-year gilt yields peaked at 1.312 percent at 1239 GMT, their highest since Britain's June 23 referendum decision to leave the European Union, and more than 5 basis points up on the day. The 10- year yield has more than doubled since touching record lows in August on growing signs ...
CNBC | Fri, 28 Oct 2016 12:46:00
The party that sparked Brexit worries about its future
A matter of months after it secured Britain's exit from the European Union, UKIP appears to be fighting for its political life.
CNBC | Fri, 28 Oct 2016 12:24:00
Trump's rise and Brexit vote are more an outcome of culture than economics
Populists are tapping into the outrage of those who have been losing the cultural battles over race, gender and social identity in a globalised world If Donald Trump loses the US election, will the tide of populism that threatened to overwhelm the world after the Brexit vote in June begin ...
Anatole Kaletsky in New York / Guardian | Fri, 28 Oct 2016 12:17:28
UK Government Wins Brexit Court Challenge - Pound Falls And FTSE 100 Rises
The UK government just won a pair of cases in Northern Ireland, a pair which tried to insist that there must be a parliamentary vote before Article 50 was triggered. As a result the pound has fallen and the FTSE 100 stock market index has risen. This is pretty much ...
Tim Worstall, Contributor / Forbes | Fri, 28 Oct 2016 12:17:00
New York could be the winner of Brexit, London warns EU and UK leaders
Several of the City of London's most prominent voices have warned EU and U.K. leaders that New York could be the winner from Brexit.
CNBC | Fri, 28 Oct 2016 12:05:00
Vince Cable: assurances to Nissan means UK will stay in customs union
Only alternative would be specific car industry agreement, which EU would not want, says former business secetary Theresa May's assurances to Nissan that the car industry will remain competitive after Brexit point to a promise that the UK will be staying in the customs union, according to Sir Vince Cable, ...
Rowena Mason Deputy political editor / Guardian | Fri, 28 Oct 2016 11:48:39
To stay or quit: Brexit means carmakers in UK face tough choices
Nissan may have decided to remain but other manufacturers are less certain about committing their futures to Britain The chief executive, Carlos Ghosn, said in September: "If I need to make an investment in the next few months and I can't wait until the end of Brexit, then I have ...
Julia Finch / Guardian | Fri, 28 Oct 2016 11:27:51
Sadiq Khan warns hard Brexit will cost millions of jobs across UK
London mayor tells City of London banquet that leaving single market is economic self-sabotage as policy chief admits job losses inevitable The mayor of London has warned the government that its "hard-headed, hard-nosed, hard Brexit approach" is reckless and will cause the loss of millions of jobs, not just in ...
Jill Treanor / Guardian | Fri, 28 Oct 2016 11:24:12
Time is money: here's how to save some when the clocks go back this weekend
You get an extra hour for free this Sunday, so use it to save on your household bills, bank accounts, mortgages and travel With Brexit on the horizon, there are signs that we're set for a renewed squeeze on our finances, as the weak pound drives inflation higher and cautious ...
Joanne O'Connell / Guardian | Fri, 28 Oct 2016 11:13:18